Global supply chain disruptions pose unique, unprecedented problems and opportunities for small manufacturers.
The problems are bigger for small manufacturers than large companies and the worst case is production disruption. At the very least, increasing costs lead to compressed margins or even outright losses; yet opportunities abound. Disruptions make small U.S manufacturers more valuable to big companies that are pivoting to domestic sourcing.
This is an original article written by Scott Schein, Director of National Network Programs at GENEDGE, part of the MEP National Network.
The pandemic revealed potential vendor-based weaknesses for many small and medium-sized manufacturers (SMMs). Late deliveries have increased, materials have become scarce, quality is less reliable, and prices have ticked upward. These issues and general upheaval in global supply chains make supply chain management an urgent focus for many SMMs.
Written by Celia Paulsen, NIST MEP Cybersecurity Services Specialist.
Words are hard. English is hard. How we manage to communicate anything is nigh a miracle.
Sometimes I wish I was Oscar Wilde or Mark Twain or any of the other great authors who seem to be able to effortlessly describe a character or a scenario so that the reader can envision perfectly what they mean.
If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business. - Gary Cohn, American Business Leader IBM
2020 taught us two distinct things: organizations are capable of adapting to monumental change, and identifying and eliminating risks must be a central focus for survival. A risk management plan does not need to be extensive and complex. It does, however, need to be approached with a proactive mindset rather than a reactive one.
An original article from Alpine Security.
Many organizations ask us to perform an internal penetration test against their internal environment (inside the firewall). They may have heard that this is a good thing to do or think it is required for compliance. The reality is that very few organizations are mature enough to need an internal penetration test. An internal vulnerability assessment usually provides a better ROI. This post explains the main differences between an internal network penetration test and an internal vulnerability assessment. The intent of the article is to help you make an informed decision on which is best for you.
COVID-19 has brought the world to its knees! For most people in the world, daily life has been disrupted in an unprecedented way. Besides the awful toll on human life, job losses, business failures, etc. are now becoming more prevalent. The impact on the global economy has barely begun to be measured.
Co-authored by IMEC Technical Specialists John Remsey, Ken Wunderlich, and Hanoz Umrigar.
Risk, as viewed as an exposure to a negative event, is a very broad and commonly used terminology. From the insurance industry, to medical services, to business operations, “Risk” is deeply ingrained in common vocabulary. With the recent global events, the question being asked frequently is how to effectively evaluate and manage risk when it seems that nearly everything is at risk?
This is an original article written by Dan Brown, President of DB Performance Solutions.
In business ”RISK” is a scary word. We have risks if we move forward and risks if we remain still. No matter what industry you are in, you are guaranteed to run into risks. As a business leader, how do you know when to take a risk and when not to take a risk? The answer is pretty straight forward - analyze and then manage your risks - which is certainly easier said than done!
